India’s JSW Steel considering joining bid for Italian steelmaker Ilva

India's JSW Steel is “doing exploratory work” on acquiring a stake in troubled Italian steelmaker Ilva, an executive at the Indian steelmaker told Metal Bulletin on Monday October 10.

Talks are at an early stage, but representatives from JSW have been in Italy visiting Ilva steelmaking sites, Seshagiri Rao, joint-md of JSW Steel, said. A 15-strong delegation from JSW, led by company ceo Sajjan Jindal and including technicians...

Published

Lee Allen

October 10, 2016

13:37 GMT

London